Thu, Jul 24, 2014, 4:17 PM EDT - U.S. Markets closed


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Silver Wheaton Corp. Message Board

mardermj 121 posts  |  Last Activity: Jul 23, 2014 9:54 AM Member since: May 6, 2004
  • mardermj mardermj Apr 25, 2014 7:43 AM Flag

    Initial claims grew, but continuing claims fell, as people starving to death continued to collect at the bottom of local rivers and sewers, and this morning, Michigan rules the sentiments, as we depict how gloomy we were in the cold. The market is off, earnings are mixed, the excuse for selloff is the Ukraine, everyone has forgotten that with the advent of shell oil, US is a net EXPORTER of petroleum--so expect more vacillation, so get out the Vaseline. Silver is flat after a nice bump yesterday, this is a trader's market and range bound the general market, all the while nudged further both up and down by HFT phantom trades that appear as unconsummated bids and asks, depending on which way the wind blows. Next week all eyes on the Fed as Madam Fed Chairman Yellen Rate Popper the 1st takes center stage.

    The last thing we need is a conflicted and confused Fed that can't believe it's own numbers. After being wrong 50% of the time, and being no better than a coin flip, I expect nothing but we'll raise rates being data dependent and our data sucks as the theme of the next two years.

    See how that works?

26.015-0.415(-1.57%)4:00 PMEDT

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